Operations and Maintenance Costs. Operator will manage and control operations and maintenance costs according to a predetermined budget that has been accepted by and developed in conjunction with the Owner. All operations and maintenance expenses will be administered by Operator and paid by Owner in local currency or paid as a Reimbursable Cost.
Operations and Maintenance Costs. $9.62 per month per Overhead-Fed Streetlight, and $17.66 per month per Underground-Fed Streetlight.
Operations and Maintenance Costs. Generator is responsible for ongoing O&M Costs for the Interconnection Facilities throughout the Term. Exhibit A states the estimated O&M Costs, calculated using the current estimated Installation Costs. Generator will pay the monthly GPC O&M Costs as indicated in Exhibit A, Section 2 (Estimated O&M Costs). If applicable, Generator also will be responsible for reimbursement to GPC for O&M on Interconnection Facilities as charged by an Affected System as indicated in Exhibit A, Section 2 (Estimated O&M Costs).
Operations and Maintenance Costs. The Borrower shall not increase in any year the amount of Project O&M Expenses by more than 10% over the amount shown for such expenditures in such year in the Base Case Financial Model, without the TIFIA Lender’s prior written consent; provided, that no consent shall be required for (i) reasonably unforeseen expenditures to the extent necessary to pay for compliance with emergency expenses in accordance with the Direct Agreement and (ii) reasonably unforeseen expenditures to the extent necessary to be made to cause the Project to be in compliance with applicable mandatory Governmental Authority.
Operations and Maintenance Costs. The Initial Participants shall fund the initial operating costs of the Agency as described in Exhibit B.
Operations and Maintenance Costs. Any operations and maintenance costs associated with a project are, subject to the availability of appropriations, the responsibility of the Servicing Agency, unless the Council has agreed to pay all or some portion of those expenses pursuant to the original agreement or an amendment to this agreement.
Operations and Maintenance Costs. The current estimate for annual operation and maintenance costs is $80,000, to be shared equally by the project participants. The City of Lompoc shall invoice the Cities of Buellton, Solvang and the County of Santa Xxxxxxx actual operating costs on a monthly basis. The Cities of Buellton, Solvang and the County of Santa Xxxxxxx shall include with each payment the source of funding they are using.
Operations and Maintenance Costs. A. Operations and maintenance (“O&M”) is generally described as all work necessary to operate and maintain in good working order the Home Supply Dam, the Home Supply Headgate Actuators, flow diversion wall and access walkway, the Xxxxxxxxx Gate, spillway, gate control and compressor building, air supply line between the gate and compressor building, power and communications interface with the SCADA system, and all related structures and systems. O&M shall include regular dam inspections. O&M shall not include administrative or overhead costs incurred by either Party, or the costs of Emergency Work as described and defined in Section 17, below. .
Operations and Maintenance Costs. ➢ Limited reported data certainty/confidence across countries • DK: Creditors require mandatory service contracts 5-10 yrs (~€25/kW–yr) • NL: Land-rent varies significantly across sites (5-25€/kw-yr) • CH: Accessibility and turbine icing/turbulence leading to higher O&M expenditures • Financing Costs ➢ Relatively similar across countries (U.S. excepted) • U.S. high equity ratios (often 100% in 2007-2008) – Due to nature of U.S. federal subsidies (intermittent tax-based incentives) – Debt, if used was often secured at the corporate and not a project-level Work Package 1: Country Chapters U.S. Example (1 of 7 Country Chapters): U.S. LCOE Results Summary (Onshore only to date in U.S): •2008: €65/MWh ($90/MWh), FG: -€1/MWh (-1$/MWh) •2007: €58/MWh ($81/MWh), FG: -€2/MWh (-$3/MWh) 2008 Data Sources: •2008 Wind Technologies Market Report ➢Installations: Wind Energy Trade Group ➢Wind Energy Prices: Federal energy regulatory commission (FERC – govt. agency) ➢Installation costs: Mix of FERC data, corporate press releases, publicly traded company filings, project developers ➢Performance: FERC and Energy Information Administration (EIA – govt. agency) ➢O&M: Annual self-reported data by investor owned utilities ➢Financing: Industry conferences, interviews of financiers/developers, popular news media Reference Case and U.S. LCOE in 2008 Energy production, investment costs and O&M costs reduced the U.S. LCOE compared to the Reference Case. Financing and non-wind energy specific policies (e.g. corporate tax rate) increased the U.S. LCOE €68 ($95) €65 ($90) Decreases LCOE From Reference Case LCOE Increases LCOE From Reference Case LCOE €2 ($3) €5 ($7) €6 ($8) €8 ($11) €8 ($11) 74 103 70 97 LCOE (2008 €/MWh) LCOE (2008 $/MWh) 66 92 62 86 58 81 54 75 Reference Case LCOE Project output Financing costs Annual operations & maintenance costs Other costs Non-Wind energy related policies U.S. LCOE 50 70 Total investment & decommissioning costs Country-Specific Input Variables Composition of U.S. LCOE in 2008 In 2008, around 2/3 of the U.S. LCOE is covered by revenue components while the remaining 1/3 is covered by wind energy policies and incentives €65 ($90) €41 ($57) €24 ($33) -€1 (-$1) 70 97 60 83 50 70 LCOE (2008 €/MWh) LCOE (2008 $/MWh) 40 56 30 42 20 28 U.S. LCOE Revenues Wind energy policies and incentives Financial gap Conclusions From Work Package 1 • The unsubsidized LCOE for wind energy varies considerably among countries represented in this study from €61/MWh to €/120...
Operations and Maintenance Costs. 8.1. Except as set forth in Sections 8.3 and 8.4 below, to address Operations and Maintenance Costs, each Party will pay to MDWID a total usage rate (which may include a power charge if applicable to that Party) for each unit of water delivered from the Party’s Source to the Party’s Point of Entry. The total usage rate (which may include a power charge if applicable to that Party) will be calculated annually using the agreed-upon methodology as set forth in Exhibit C.
